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April 26, 2018

Around the nation: Florida Hospital announces $600M investment plan

Daily Briefing

    The investment plans for Adventist Health System's Florida Hospital in Orlando include a new $300 million patient tower, in today's bite-sized hospital and health industry news from Alabama, Florida, and Texas.

    • Alabama: HHS has allocated Alabama nearly $8 million of $485 million in nationwide funding to combat the opioid epidemic. HHS Secretary Alex Azar said the funds are aimed at "help[ing] support evidence-based efforts at the state level to prevent misuse of opioids in the first place, expand[ing] access to effective treatment options for people in need, and support[ing] recovery for those who have prevailed." State officials have not detailed specific recipients or plans for the funding (Patchen, Birmingham Business Journal, 4/23).

    • Florida: Adventist Health System's Florida Hospital in Orlando plans on investing $600 million in both acquisitions and renovations over the next three years. The largest project under this investment is a new patient tower at Florida Hospital Tampa, which will cost approximately $300 million and feature additional beds, operating rooms, and space for parking (McMorris, Tampa Bay Business Journal, 4/23).

    • Texas: The Hospitals of Providence in El Paso have named Nicholas Tejeda as market CEO. Tejeda, who previously served as CEO of the Hospitals of Providence's Transmountain and Sierra campuses, has worked at Providence since 2015 (Vaidya, Becker's Hospital Review, 4/24).

    April 30 webconference: How to develop a comprehensive opioid response strategy

    As the opioid crisis continues to worsen across the country, the provider community sits under a national spotlight with the federal government, states, and patients expecting hospital and health systems to take the lead in solving this epidemic.

    Join our experts on Monday, April 30 to learn how to establish a comprehensive, proactive approach to combating the opioid crisis and get the 29 key performance indicators that will help you track your progress in this ongoing effort.

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